Russia’s egg industry’s net profit dropped by $ 254 million in 2017, as the wholesale prices on the domestic market fell during the year, ending up at $ 0.56 per ten eggs. Market research by the Russian Union of Poultry Farmers (Rosptitsesoyuz) notes a 14% drop compared to 2016.
US crop progress data has shown stable quality conditions for both staple crops corn and soybean, but both harvests' progress remains behind expectations on bad weather, data from the USDA has shown late Monday.
World hunger has risen for a third consecutive year, according to the United Nations’ annual food security report. The total number of people who face chronic food deprivation has increased by 15 million since 2016.
The U.S. Department of Agriculture on Oct. 12 forecast Australian wheat production and exports in 2018-19 to be the lowest since 2007-08.
East African countries have borrowed just under $30 billion from China in recent years in what appears to be a calculated gamble to rapidly build infrastructure that will jump start economic development.
Farmers from South Africa will visit the Russian peninsula of Crimea to exchange experience in winemaking, as they face the possibility of losing their farms as part of their country's land reform.
